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$23 Million Fintech Startup Fund Established by Accion Venture Lab
4.9.2019
For the past five years or so, the Fintech sector has grown at a breakneck pace and has quickly become a multibillion-dollar industry spread across the world. The easy availability of data, the advancements in technology and the innovative ideas of a range of Fintech startups have made the industry...
Cashwerkz Introduces a New Fintech Platform
3.9.2019
The march of Fintech has been a relentless one over the past few years, and if one looked closely, then it becomes quite clear that it is going to continue for the foreseeable future. Fintech is all set to become one of the biggest industries in the world, and investors are investing hundreds...
India Announces Multiple Mega-Mergers of State-Owned Banks in Latest Attempt to Spur Growth
31.8.2019
India is one of the handfuls of nations in which publicly owned banks still make up the major chunk of the financial system and while it has its merits, it has its demerits as well. In recent years, some of the biggest public sector banks in the country have been encircled with bad loans...
Altria and Philip Morris Locked in Talks to Create Mega $200 Billion Tobacco Company
28.8.2019
The tobacco industry is replete with instances of large companies merging to form larger corporations, but there are very few instances in which companies that had been formed after a split come together again. 11 years ago, Philip Morris International had split from Altria due to the slowdown...
Taxi Hailing Company Grab to Invest $500 Million in Vietnam Over the Next Half a Decade
28.8.2019
Investment in the different potentially high growth Asian economies is now one of the pet strategies of some of the biggest tech companies in the world, and in that regard, Vietnam is an excellent choice. Over the years, Singapore based ride-hailing service Grab has grown into a behemoth, and...
Artificial Intelligence Forum in Dubai to be joined by Consultancy firm PwC
26.8.2019
Over the past half a decade or so, artificial intelligence has become one of the world’s most important emerging technologies, and although it is yet to go mainstream, its eventual adoption is inevitable. It might have originated in the United States, but knowing the full scope of AI, many others...
To Develop Blockchain-based Financial Services, Woori Partners with Kakao’s Blockchain- a Subsidiary of Ground X
22.8.2019
Woori Financial Group is a South Korean leading company in the financial services sector. Yesterday in a press release, it had announced its partnership with Kakao’s blockchain. (Kakao’s blockchain is a subsidiary of Ground X.) The objective of this partnership is to develop blockchain-backed...
Rise Of Bitcoin Hash Rate To All-Time High Indicates That Price Will Rise, Says Max Keiser
20.8.2019
Bitcoin hash rate broke yet another all-time high on Monday after it peaked at 82.5 TH/s. This is an indicator that Bitcoin price will rise to its all-time high very soon, Max Keiser stated. He tweeted that price follows hash rate, and hence the price will increase as the hash rate is at a 9year...
Fidelity Charitable Received $106 Million Donation Despite the Economic Uncertainty
19.8.2019
Fidelity Charitable is the branch of Fidelity that deals with charity. In the recent annual reports of the firm, it was revealed that the charity platform received more than 100 Million Dollars in donation since 2015. This donation was made in cryptocurrency. The exact amount of donation received...
DASH Introduces All-New Version of Dash Core- v0.14.0.3
16.8.2019
Welcome the all-new version of Dash Core- v0.14.0.3. It is the brand new update from Dash for its native crypto token- DASH, which has upgraded its crypto wallet and P2P client. Many speculate that the reason behind the Dash’s latest upgrade is the sharp rise and fall in the transaction volume...
NEM Announces Integration of Catapult with Trezor Hardware Wallet
16.8.2019
Yesterday, on Twitter, NEM SP announced its brand new contract called- ‘Catapult Trezor Wallet Integration.’ They posted about the opening of the opportunity of RFP (Request-for-Proposal) for Trezor integration. NEM Catapult programs by NEM Foundation are packed with exciting features such...
Head of FTC says He is Willing to go After Big Tech and Break the Companies Up
14.8.2019
If there is one thing that has been established beyond doubt, then that is the fact that much of the world is now heavily influenced by some of the biggest tech companies. Hence, over the past few years, there has been the talk among regulators and critics of the tech industry that many of...
Bitex Crypto Exchange Partners With Bantotal In Latin America, Over 60 Banks Can Now Use Bitcoin
14.8.2019
In a breakthrough for the crypto industry in Latin America, popular crypto exchange Bitex has entered in partnership with a prominent banking service provider in the region, Bantotal. The latter has a presence in 14 Latin countries, which will give Bitex an unparalleled exposure. Uruguay based...
Venezuela National Lottery will Reward the Winners in BTC and Country’s Native Crypto- Petro
13.8.2019
The crypto is enjoying special attention in South America. The people from Argentina are paying a premium for cryptos. On the other hand, there are crypto prizes being offered in the Venezuelan national lottery. The interest in the cryptos is getting stronger, especially when the election’s results...
Humble Starting of a Beast: DeFi Ecosystem has $481 Million locked in
13.8.2019
DeFi (decentralized finance) is the new hot sector in the crypto sphere, and it is growing at a fast pace to take over the conventional financial systems, giving decentralized freedom to the users all across the world. For instance, InstaDApp, and Compound, which are ETH based decentralized...
Traditional Financial Organizations Face Heat from Apple Following Credit Card Launch
12.8.2019
Over the year, some of the biggest tech companies in the world have made forays into businesses that are starkly different from their core business and managed to make it a complete success. For instance, Apple entered into the music industry by way of the iPod and iTunes and eventually changed...
Getting on US Based Exchanges No.1 Priority, Says Justin Sun After Request from Community
10.8.2019
Binance Exchange has released a list of tokens being evaluated for listing them of its US marketplace. These tokens include big names like EOS, Ethereum, Bitcoin, Ethereum Classic, USDT, Stellar, Ripple, and others. However, despite all the recent developments and progress, TRON has failed to make...
Shaping The Future of A Rising Economy: How Blockchain is Gaining Credibility in India
9.8.2019
Blockchain, a simple concept yet so complex and diverse in its use-cases is still in a nascent stage. Numerous countries have come to realize the immense potential of blockchain and are tapping into the unexplored areas of this disruptive technology. […]
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Cryptocurrencies will Transform Venture Capital, feels Coinbase CTO
8.8.2019
The Former Coinbase CTO and the general partner of Andreessen Horowitz, Balaji Srinivasan has faith that cryptocurrencies will change the way of investment in the upcoming days. The industry has developed its ways to raise finances and allowing the capital to come smoothly. Blockchain...
Prominent Names of the IT Industry Joins the Blockchain of IBM
6.8.2019
IBM and Chainyard have lately announced about their new blockchain enterprise. The target of the enterprise is to solve the problem related to the life cycle information, validation, and supplier qualification. On Monday the duo has unveiled their blockchain initiative called Trust Your Supplier....